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Is it somehow related to the 'z' (pronounced 'zed', in English ) on Billy's guitar strap, in recent performances?

It's the brand of drums. Zildjians drums.

The "Z" on Billy's guitar strap is the new Zero symbol. His acoustic guitar strap has the number "0" The same symbol can be found on the new zero shirts as well.
i108.photobucket.com/albums/n40/malder_2006/DSC00645.jpg

wait are there new zero shirts for sale or just ones billy's been wearing?

New Zero shirt:

I bought a new Zero shirt at the fillmore. It's fitted!

Oooooh I like the album cover shirts. Anyone know if those will be available online soon? (Guess I can wait a month when I see 'em in Toronto but concert tees are always mega expensive.)

I was strongly tempted to buy the new Zero shirt, but I ended up buying a green album cover shirt instead...

Billy's guitar straps:

Oh my gosh, I didn't realize there were so many new ones. Im gunna get the zero and then an album cover shirt when they come to redrocks. I still need to get the one from hottopic too. I vent there today, 5 minutes before the mall closed and found out I was 3 dollars short.

the new zero shirt looks awesome

will they ever be sold in stores? id hate to wait till october...

The "Z" on Jimmy's cymbal in the Everlasting Gaze video stands for Zildjian Z Series (I'm a drum geek!). It's a cymbal I've never seen Jimmy use live or have heard in a recording. Backline companies usually provide instruments for videos and one off performances but it depends on what they're willing to travel with, so I imagine that's what happened. You'll notice that the drumkit on the video was scaled WAY back from the Machina Tour kit, and that's usually what they do with videos. Heck, look at the Tarantula kit on the video. Simple 4 piece kit with four cymbals. Jimmy usually plays at least a 6 piece.

So no, the Z doesn't have anything to do with Zeitgeist or Zero.

I had the pleasure of meeting Jimmy in Asheville, and he is an awesome musician and a wonderful person.

I hope that shirt reaches online stores after the tour, i won't see them live but i hope i can get the shirt in a online store after or even in a regular store like i did with adore tour shirt =(

I hope the shirts are avaliable at Reading fest !!

If they don't, I'm sure you can get it on ebay or amazon.

(btw welcome back Homicidal!)